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Space Vector Corporation

Karl SchabLaunch Operations Manager

818.734.2600 x3712AIAA Enterprise Chapter, Los Angeles Section, July 18, 2006

Survival and Growth in a Shrinking Market

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Presentation Topics

• Introduction

• Company Description

• Market Forces

• SVC Strategies

• Results

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Introduction

Overview of Space Vector CorporationSpace Vector Corporation (SVC) is a wholly owned subsidiary of the Pemco Aviation Group. Its modern facilities located in Chatsworth, California, provides engineering, manufacturing, vehicle integration, test and office space.

Founded in 1969, SVC specializes in providing low cost launch services, vehicles and associated subsystems to government, scientific and commercial customers. Over the years SVC has built its reputation on providing its customers with “on-time and on-budget” solutions to their launch vehicle needs.

Since its founding, SVC has served as prime contractor for 37 launches and supported in excess of 300 launches total, as a major subsystem supplier.

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Experience and Milestones

A History of Successful Launches and Industry Firsts

1970 1980 1990 2000

PROGRAMS

TECHNOLOGIES

1970-PresentNASA

Sounding Rockets

1973-1993AriesNASA

1980-1984HOE

1986-1992ERIS

1992-1998Hera

Targets

1990-2002PLV

1995-1997AltAir

1998-1999ait-2

1995ABIE

1977-1990AriesAFGL

MIDASInertial

Platform

ThrusterValves

ACS

Air BearingFacility

SeparationSystems

FTS and System

Batteries

VIU

ClamshellFairings

ReentryStructures

LabViewBased Testers

MissileTransporter Erector

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Experience and Milestones (cont.)

SVC was the first company to launch a suborbital rocket system using surplus Minuteman rocket motors:

• Aries (NRL) first flight test Oct 17, 1973• Conestoga (SSI) first commercial

sponsored launch Sept 8, 1982• HOE (Lockheed) first NMD interceptor

program launched Feb 7, 1983• Hera (Coleman) first standard high fidelity

target launched Apr 24, 1995• AltAir (NAIC) first “air drop” target

demonstration Jan 30, 1997 Aries – Single Stage M56 Motor

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Experience and Milestones (cont.)

Responsive, Flexible and ReliableSpace Vector has earned a well deserved reputation with each of its customers that comes from our ability to:

• Serve as “Prime” or “Subcontractor”• Support vehicle designs that use de-commissioned

surplus or commercial motors• Launch from various sites and platforms around the

world• Manage CONOPS for military and commercial

launchesait-2 target built for AF-SMC was the second

vehicle launched from Kodiak, Alaska

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Engineering and Planning

Launch Vehicle Solutions by DesignMission success is neither chance nor guaranteed. Mission success is the culmination of various disciplines working together towards a common solution to any given set of requirements.

Space Vector is uniquely qualified to achieving that success. With its in-house design, manufacturing, integration and test capability. Space Vector can control every aspect of a mission or vehicle subsystem from requirements planning to post-flight analysis.

One-Stop Design, Manufacturing & Test Capability

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Launch Vehicles (cont.)

Medium Range Target (MRT)Space Vector is building an MRT vehicle in support of MDA’s Targets and Countermeasures Program • Single stage Castor IVB with sensor packages and separating

reentry vehicle• Space Vector providing

• Vehicle integration and launch• Guidance and Control Assembly (GCA)

• Cold gas ACS• Retro Motors• Avionics• Telemetry system

• Flight Termination System Assembly (FTSA)• Aft Skirt and Fins

• Roll control actuator system

NotionalNot to Scale

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Launch Vehicles (cont.)

Responsive Space LiftSpace Vector is part of Team AirLaunch that is providing a low-cost solution for rapid response and delivery of small payloads into orbit.• Currently funded under the DARPA Falcon

program to develop an air dropped small launch vehicle (SLV)

• Space Vector provides the following elements• Vehicle integration • Avionics wafer• Cold gas Attitude Control System (ACS)• Flight Termination System (FTS)• Pintle Injectors• Telemetry system• Separation system• Launch support

AirLaunch QuickReach™Two Stage Liquid Vehicle

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Vehicle Subsystems

Structural Assemblies• Space Vector design and

manufacturers numerous structural assemblies from 9 to 60+ inches including:− Nose Fairings− Guidance Sections− Adapters− Skirt/Fin Assemblies

• In addition to vehicle structures, SVC has designed and manufactured vehicle support and ground support equipment including:− Booster Erectors and Lifting Slings− Vehicle Emplacement Rings− Vehicle Sled and Extractors for Air Launch Deployments

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Vehicle Subsystems (cont.)

Systems and Components• Space Vector has developed and

produces numerous subsystems and components as both a prime and subcontractor including:− Attitude Control Systems− Boost Control Systems− Vehicle Electronics− FTS and System Batteries− Separation Systems− Support and Test Equipment− Cable Assemblies

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Facilities and Capabilities

On-Time and On-BudgetSpace Vector’s business model is based on a vertically integrated engineering, manufacturing and customer support approach. Most all turning, milling, assembly, test and integration is performed in our California facilities. This enables SVC to manage every aspect of a given program.

SVC maintains its own:• Electronic Laboratories• Manufacturing• Test Facilities• Class 100,000 Clean Room• GNC Laboratory• Thermal Chambers• Assembly and Integration Areas

Our Quality System is certified to ISO 9001 & AS9100 standards

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Summary

Providing Launch Vehicle SolutionsFor more that 30 years, Space Vector has contributed to the success of numerous military and commercial launch vehicle program. That success is a direct result of our:

• Financial strength and stability (Pemco Aviation Group: NASDAQ-PAGI)• Heritage of successful launches and industry firsts• Engineered solutions and planning that meets the customers mission requirements• Vehicle selection and design tailored to the customers payload and operational

requirements• Wide assortment of vehicle subsystems including boost and guidance controls,

separation systems, flight termination systems and ground support• Engineering services that include 6DOF modeling, analysis, and mission planning• Vertically integrated manufacturing, test and integration capability that insures the

customers vehicle and mission will be on-time and on-budget

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Market Forces

Shrinking Market– HERA (1992 – 1998)

• Initially a major supplier• Prime (a competitor) transitioned work in house

– PLV (1990 – 2002)• 2 – 3 launches a year• Surrogate for GMD Interceptor, retired when booster

entered test program– Selection of Targets and Countermeasures Prime

Contractor

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SVC Strategies

• Focus on core competencies• Leverage existing partnerships• Look for synergies• Every member of staff is a BD exec

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Focus on core competencies

• What does SVC do well?– Low cost components at any production rate– Systems integration– Performance analysis– Vehicle and ground software

• Smaller-sized company– Your project is big to us– More attention to your unique needs—we don’t use a one-

size-fits-all approach

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Leverage existing partnerships

• With customers– Lockheed Martin PLV relationship– SMC RSLP contract

• With suppliers– Ordnance suppliers– Flight termination systems

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Look for synergies

• Apply existing products to new possibilities– AltAir -> AirLaunch, Responsive Space, COTS– PLV -> technology demonstration flights– Flight Termination Batteries -> Vehicle Batteries

• Provide value-added co-products– Cold gas RCS -> interface unit, controller firmware, flight

software– Batteries -> charging equipment, monitors– Air Launch Vehicle -> instrumentation, test hardware

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Business Development

• Every member of staff is a BD exec• Every contact is a potential business

relationship• There is no substitute for superior performance• Staffing is key

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Results

• Tenfold revenue growth over period 2003 - 2005 • Medium Range Target• Flexible Target Family Structures, Software, Batteries• Air Launch Falcon SLV• NASA CEV Abort Test Booster Studies• t/Space NASA COTS?…and we can work with you too!